Keyword: debt

Found 4 papers in total
Constant Proportion Debt Obligations: A Postmortem Analysis of Rating Models
2012,
In its complexity and its vulnerability to market volatility, the constant proportion...
Municipal Debt and Marginal Tax Rates: Is There a Tax Premium in Asset Prices?
2011,
We study the marginal tax rate incorporated into short‐term municipal rates...
Rollover Risk and Market Freezes
2011,
The debt capacity of an asset is the maximum amount that can be borrowed using the...
Structural reforms and the potential effects on the Italian economy
2013,
Since the second half of 2011, after a period of prolonged low growth, Italy has found...
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